Thursday, November 29, 2012

Multi-Millionaire State Dept. Candidate Susan Rice

Scott Dodd reports on Susan Rice, current US Ambassador to the UN:

...about a third of Rice’s personal net worth is tied up in oil producers, pipeline operators, and related energy industries north of the 49th parallel -- including companies with poor environmental and safety records on both U.S. and Canadian soil. Rice and her husband own at least $1.25 million worth of stock in four...

Rice also has smaller stakes in several other big Canadian energy firms, as well as the country’s transportation companies and coal-fired utilities. Another 20 percent or so of her personal wealth is derived from investments in five Canadian banks...

According to the Center for Responsive Politics, Rice’s net worth sat somewhere between $23.5 million and $43.5 million in 2009, the latest year for which the center has done a full analysis of her finances. That makes her either the wealthiest person currently serving in the executive branch or a close second to Clinton...

According to the reports she filed in May 2012, Rice and her husband have a wide-ranging portfolio that includes more than 100 securities, such as IBM, Monsanto, Apple, BP, and McDonald’s...

It’s unclear when Rice began investing in Canadian energy and banks, but the Stanford University graduate and Rhodes Scholar worked for the prestigious McKinsey & Company consulting firm’s Toronto office from 1990 to 1993, marrying Canadian-born TV producer Ian Cameron in 1992. She then joined the National Security Council under President Bill Clinton.

What's interesting is how the Dem's were able to make Romney out to be a wealthy out of touch snob, and it worked(when a taxi cab driver tells you they are not comfortable with him for just this reason, something is going on). Yet as this post ably illustrates, many serving and behind the scenes Dem players (including O's "Business Leaders" that he met with 11/28/12 in the White House Roosevelt Room see http://www.economicpolicyjournal.com/2012/11/wheres-lloyd-blankfein.html) are obviously able to buy a $7 Starbucks coffee.

So there are the 'good' wealthy and the 'bad' wealthy it would seem. The 'good' wealthy are above reproach, the 'bad' wealthy get Romneyed.